2 days Ago By ABMN Staff
American Century Companies Inc. grew its stake in Limoneira ( NASDAQ:LMNR – Free Report ) by 17.7% during the 4th quarter, HoldingsChannel reports.
The fund owned 32,160 shares of the company’s stock after purchasing an additional 4,826 shares during the quarter. American Century Companies Inc.’s holdings in Limoneira were worth $787,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the stock. Van ECK Associates Corp raised its position in shares of Limoneira by 77.5% in the 4th quarter.
Van ECK Associates Corp now owns 2,581 shares of the company’s stock worth $63,000 after purchasing an additional 1,127 shares during the last quarter. BNP Paribas Financial Markets grew its position in Limoneira by 14.3% during the 3rd quarter.
BNP Paribas Financial Markets now owns 3,486 shares of the company’s stock valued at $92,000 after purchasing an additional 436 shares during the last quarter. SG Americas Securities LLC increased its stake in Limoneira by 20.1% during the 4th quarter.
SG Americas Securities LLC now owns 6,924 shares of the company’s stock valued at $169,000 after purchasing an additional 1,160 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Limoneira by 27.
9% in the third quarter. JPMorgan Chase & Co. now owns 9,086 shares of the company’s stock worth $241,000 after buying an additional 1,981 shares during the last quarter.
Finally, Inspire Investing LLC lifted its stake in shares of Limoneira by 3.9% in the fourth quarter. Inspire Investing LLC now owns 16,279 shares of the company’s stock worth $398,000 after buying an additional 617 shares in the last quarter.
64.35% of the stock is owned by hedge funds and other institutional investors. Limoneira Price Performance Shares of NASDAQ:LMNR opened at $16.
60 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.
69 and a current ratio of 0.74. The firm has a market cap of $299.
55 million, a price-to-earnings ratio of 43.69 and a beta of 0.38.
The business has a 50-day simple moving average of $20.01 and a two-hundred day simple moving average of $23.80.
Limoneira has a fifty-two week low of $15.58 and a fifty-two week high of $29.22.
Limoneira Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were issued a dividend of $0.075 per share.
The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.30 annualized dividend and a dividend yield of 1.
81%. Limoneira’s payout ratio is 73.17%.
Analyst Ratings Changes Several equities research analysts recently weighed in on the stock. Lake Street Capital reduced their price target on shares of Limoneira from $25.00 to $23.
00 and set a “hold” rating for the company in a research report on Thursday, March 13th. StockNews.com upgraded Limoneira to a “sell” rating in a research note on Wednesday.
Check Out Our Latest Stock Analysis on Limoneira Limoneira Profile ( Free Report ) Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons.
The company also grows avocado, oranges, and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Valencia oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, and wine grapes. Read More Want to see what other hedge funds are holding LMNR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Limoneira ( NASDAQ:LMNR – Free Report ).
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